Acquisition-related loan volume down 44% Y-o-Y in Asia Pacific ex-Japan
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Faulkner Global Holdings has signed a $4.3 billion facility through sole bookrunner and mandated lead arranger Bank of China. Syndication saw Tai Fung Bank join as a participant. Proceeds are to support COSCO Shipping's $6.3 billion acquisition of Orient Overseas.
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This is the second largest acquisition-related loan signed in China in 2017, behind Midea Electrics Netherlands’...